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North America Commercial Distribution Panel Market Share

Report ID: GMI9738
Published Date: Jun 2024
Report Format: PDF

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North America Commercial Distribution Panel Market Share

ABB commands a substantial market share in the commercial distribution panel market, owing to its innovative solutions and industry expertise. Offering a diverse range of distribution panels tailored for commercial applications, ABB provides comprehensive solutions for power distribution, protection, and control. With a focus on reliability, efficiency, and sustainability, ABB's market leadership is further strengthened by its commitment to advancing technology and meeting the evolving needs of commercial customers worldwide.

North America Commercial Distribution Panel Market Companies

Major key players operating across the North America commercial distribution panel industry are:

alfanar Group
ABB
Ardea Technologies
Eaton
ESL POWER SYSTEMS, INC.
General Electric
INDUSTRIAL ELECTRIC MFG
INDU-ELECTRIC North America, Inc.
Legrand
Larsen & Toubro Limited
Meba Electric Co., Ltd
Raycap
Schneider Electric
SDM METRO
Segue Manufacturing Services
Siemens
Spike Electric Controls

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market size of North America commercial distribution panel was reached USD 677.6 million in 2023 and is projected to expand at 5.2% CAGR from 2024 to 2032, owing to the increasing investments in commercial infrastructure, and rising demand for energy-efficient solutions.

The medium voltage segment in the North America commercial distribution panel industry is estimated to surpass USD 1 billion by 2032, due to the business expansion and the rising electricity demands in the region.

The office end-use segment in the North America commercial distribution panel industry is projected to grow at 5% CAGR from 2024 to 2032, due to the expansion of commercial real estate, and the integration of energy-efficient technologies.

U.S. commercial distribution panel industry is predicted to record more than USD 850 million by 2032, led by the increasing urbanization and commercial construction activities across the region.